Tag Archives: 1120

The Ides of April!

No Gravatar

OK.  Today’s the day.

And, from my point of view.  I’m so pleased that this is the first time in a long time, that the holiday of Pesach (Passover) did not interfere with my ability to serve my clients’ needs.  That’s right- Pesach won’t be here until Friday, so I could spend this past Sunday to Friday analyzing my clients’ needs and helping them pay the lowest amount of taxes required by law.

Continue reading The Ides of April!

Share this:
Share this page via Email Share this page via Stumble Upon Share this page via Digg this Share this page via Facebook Share this page via Twitter
Share

PL 115-97. The Business Portion, Part 3

No Gravatar

Today, we wrap up our discussion of the changed IRS code, the changes made by the Tax Cuts and Jobs Act (sic).  The series started last Wednesday or Thursday, where we discussed personal tax provisions of the law.  On Monday, we started discussing the business tax provisions.  And, now some 6000 words later, we are completing the changes in the bill.

Continue reading PL 115-97. The Business Portion, Part 3

Share this:
Share this page via Email Share this page via Stumble Upon Share this page via Digg this Share this page via Facebook Share this page via Twitter
Share

HR-1, Biz 1

No Gravatar

We’ve seen what could be happening with our personal taxes. (Part 1 here;  part 2 here.  And, the preamble.)  Now, let’s see what changes the House plans for US business taxation.

Continue reading HR-1, Biz 1

Share this:
Share this page via Email Share this page via Stumble Upon Share this page via Digg this Share this page via Facebook Share this page via Twitter
Share

100% Deductible?

No Gravatar

Running a business? Then, you know that money you spend for meals – or entertainment- that are business related are not fully deductible. Oh, sure, if you spend $ 100 wining and dining a client, your profits have been reduced by $ 100. Except that’s not how it appears on your Schedule C or Form 1120 or Form 1065. Because only 1/2 of that expense is deductible.

Continue reading 100% Deductible?

Share this:
Share this page via Email Share this page via Stumble Upon Share this page via Digg this Share this page via Facebook Share this page via Twitter
Share

What Changes Affect My Filing Taxes in 2017 (Part VII)

No Gravatar

You did it!  You held on for the seven posts.  Today is the last one.  Where we will learn about the changes to how long extensions may be (some are shorter and some are longer than before).   Oh, and penalties- they’re going up. (Of course!)

Continue reading What Changes Affect My Filing Taxes in 2017 (Part VII)

Share this:
Share this page via Email Share this page via Stumble Upon Share this page via Digg this Share this page via Facebook Share this page via Twitter
Share